Six trends in China’s luxury market in 2014

Updated: 2015-01-26 08:06

(chinadaily.com.cn)

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2 Consumers' favorite brands diversify

High quality and individuality become the most important factors for consumers when buying, and people are spending more on experiential items. Eighty percent of the respondents said they will spend more on travel this year.

Six trends in China’s luxury market in 2014

A resort in Maldive named "Banyan Tree" became a popular destination for tourists. [Photo/IC]